little evidence for precautionary saving in the form of livestock out of transitory income. The present paper re-visits farm …

by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that … Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year … trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that …

This paper focuses on the role of habit formation in individual preferencesover consumption and saving. We closely … relate to Alessie and Lusardi's(1997) model as we estimate a model which is based on their closed-formsolution, where saving … is expressed as a function of lagged saving and otherregressors. Alternatively, we could use an Euler-equation approach …

This paper investigates the relationship between household saving and pensions, and estimates both the displacement … effect of pensions on private saving and the precautionary saving effect due to uncertainty in pension income. I estimate the …

"Buffer-stock" models of saving are now standard in the consumption literature. This paper builds theoretical … buffer stock savers. -- Precautionary Saving ; Buffer Stock Saving ; Marginal Propensity to Consume ; Permanent Income …